$ZEN /USDT: Strong Rally to New Heights
$ZEN has surged to $17.00, marking a significant 22.11% increase in the last 24 hours. From a low of $14.55, $ZEN has shown consistent bullish momentum, reaching a high of $17.04, driven by strong trading volumes and buyer enthusiasm. This upward movement highlights solid market interest, positioning ZEN for further gains if it can maintain its momentum.
Key Levels to Watch:
Support: $17.50
Resistance: $19.50
Trade Setup:
Entry Point: Around $18.90
Targets:
1. $19.50 (short-term)
2. $20.50 (next target)
Risk Management:
Stop-loss: $17.00
Monitor the $17.50 support level for potential reversals.
Pro Tip:
Take partial profits at resistance levels and trail your stop-loss to lock in gains while reducing risk. A breakout above $19.50 could trigger a stronger rally, offering new opportunities for traders to capitalize on the bullish trend.